Lawsuits vs Toyota for alleged patent infringement dropped

The lawsuits against Toyota Motor Corporation (TMC) for possible patent infringement have been dropped, the company said in a statement.

According to TMC, Nippon Steel Corporation waived the claims on the three court cases filed in 2021, alleging patent infringement related to electrical steel sheets used in electric vehicle motors and manufactured by Baoshan Iron and Steel Company Limited.

Following the "waiver of claim" initiated by Nippon Steel, the lawsuits regarding the electrical steel sheets shall be closed.

“With the support of various stakeholders, including suppliers who have supported us for the many years since the birth of Japan's automotive industry, new suppliers who have joined us as technology has advanced, and various other stakeholders, we will move forward with new projects that surpass the boundaries of industry,” the Japanese automotive giant noted in the press release.

Photos from Toyota

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